U.As we speak – Michael Saylor visited Dave Portnoy in his studio on the latter's invitation to speak about it. Portnoy, who owned a small quantity of BTC and different cryptocurrencies just a few years in the past after which offered all of them, now regrets his resolution when he sees Saylor-led MicroStrategy shopping for bitcoins on a regular basis.
Portnoy and his bitcoin story
Portnoy, the founding father of Barstool Sports activities, purchased about $2 million value of bitcoins in 2020, however then offered them in August, proper across the time MicroStrategy purchased its first batch of BTC.
As we speak, he admitted to Saylor that he was triggered by the information that the Winklevoss twins claimed in 2020 that Elon Musk was going into area to seek out limitless gold. This panicked the proprietor of Barstool Sports activities and he offered his BTC. This summer season he stated he would get again into the sport and purchase BTC if it dropped to $40,000 per coin.
Saylor explains bitcoins and satoshis to Portnoy
In response to Portnoy's questions, Michael Saylor defined Bitcoin to him utilizing sports activities metaphors and in contrast BTC to a crew of champions like Michael Jordan and so forth who’re digitized and might play ceaselessly. You’ll be able to watch them or you possibly can play with them, he stated, and in the event that they rating greater than you, you continue to win collectively, Saylor defined. Regardless of the place you go, Saylor stated, there are lots of of tens of millions of individuals on the Bitcoin crew. “It is best to be a part of the Bitcoin crew,” he advised Portnoy. “And never solely do you win the sport, you get wealthy once you win the sport,” Saylor added.
As for Satoshi Nakamoto, the mysterious particular person or group who based Bitcoin, Saylor advised Portnoy that Satoshi was an actual particular person, nevertheless it doesn't matter who he’s or was. “We're all Satoshi now,” he used that widespread cliché when answering. Saylor likened Satoshi to Prometheus, who stole hearth from the traditional Greek gods and introduced it to people, evaluating Bitcoin to fireplace – a factor that had a profound impact on human life for hundreds of years to return.
Saylor additionally reminded Portnoy that “Bitcoin places you in command of your cash.” That is “egalitarian, humanitarian and economically good,” says Saylor. He ended the interview by saying that he ought to be a part of the Bitcoin crew.
This text was initially printed on U.As we speak
